I will be putting limit orders above the ask price, waiting for somebody to sell at market price (which will then be me)... and straight away selling for below the bid price... so when somebody buys at market price they will be buying my shares again.
I make a 1/16th and on a few thousand...
Im just starting out in the game of day trading. I've done my homework and will be mostly skimming low votility utility stocks looking for large bid ask gaps.... what's the chance that i blow my 5k learning before i start making some money back...
it would be nice to know other peoples experiences